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with the big debt talk. congressional leadering returning to the table this morning, after the grand bargain broke down last saturday and a tense 75-minute meeting last night failed to move negotiations forward. at 11:00 this morning, the president will hold a news conference to press publicly for his big deal. yesterday, his top economic adviser said the u.s. is out of options. >> we make 80 million checks a month to americans, 55 million people on social security benefits, millions more americans on veterans benefits, medicare, medicaid. people who supply our troops in combat. on august 2nd, we're left with cash on hand and the cash we take in. there is no credible way to give congress more time. there's no constitutional option, there's no delay option, there's no creative financial option. they have to act by the 2nd. >> no constitutional option, 14th amendment, off the table. here's what we know, debt talks appear to be at an impasse and here's why. the president is still pushing a big deal. democrats say the fallback plan, this $2 trillion plus package that was partially negotiated in
to ask the big oil companies to give up one dime not one dime of their $4 billion annual subsidy. they have refused to ask big corporations to give up one dime in their corporate loopholes. what we are negotiating with is a group of people who won't compromise. a group of people who have said we want the middle class to pay more taxes so that big corporations can pay less. we want seniors to lose their medicare so that big oil companies can continue to foost on their subdis. that's what the problem is. >> the case that republicans have taken a hard line on talks, at the same time democrats are taking what sounds like a hard line on entitlements. let me read a statement from leader pelosi that says we continue to oppose benefit cuts in social security and medicare. these pillars should not be used a as piggy bank to subsidize tax cuts for the wealthy. are democrats not just as guilty of failing to compromise as republicans are in this case? >> no, absolutely not. what we have said and i think most americans would agree with this is the middle class and seniors should not be asked
obama stead was time for both parties to eat our peace, make tough choices for a big budget deal. today he said without a deal there may not be enough money to send out social security checks. for many republicans in congress, opposing tax has become more than ideology. it's become relation. they're advocating their responsibility to co-govern. how are we ever going to get a deal if republican leaders more afraid of the tea party than it economic collapse to come? >>> also, pray away the gay. michele bachmann's husband says it's not trying to pray gay straight, but there's a different story. this may may michele bachmann more popular with her base, but what after everyone else? >>> plus, the murdoch scandal keeps getting bigger and bigger. gordon brown told the bbc murdoch used known criminals to get access to his personal information and it hit the "sunday times" of london and his company stock is sinking. how bad will this get? >>> jon stewart and fun, a lot of fun, actually, with the murdoch story. that's on the "sideshow" tonight. >>> finally, let me finish with a name synonymous wi
the band-aid. eat our peas. >> reporter: of course, taxes remains the big sticking point. the president, though, insisting that nothing would change before 2013 so it would not happen during a difficult economic environment, but house speaker john boehner saying that there's no reason to raise taxes in order to control spending. he believes the best way to get revenue is by improving the overall economy by creating jobs. he says he is willing to get a deal done with democrats and the white house, but, in his words, it takes two to tango and they are not there yet. >> dan lothian at the white house, thanks. >>> the debt crisis overseas sending a chill through wall street this morning. less than half hour before the opening bell, u.s. stocks may be headed for another rough day. ali velshi is joining us live from new york. ali, what does it mean? >> well, you know, first of all, futures seem to be leveling out a little bit, kyra. a couple of things going on here. one as dan was just saying, we just heard from the treasury secretary who is making a speech and he says he is expecting a deal
a lot. he want as big deal. will he and the president find a compromise? guess who is back? nancy pelosi, your favorite friend, the foam house speaker is back at the table and is in open the debt talks and wants to point the fingers at ... guess who? >> day one of 85 of the republican majority in the congress and we have not seen one jobs bill come to the floor. >>dave: day 185. we expect the republican congress to create jobs in less than a year yet the democrats had four years in control of congress and did what for jobs? >> and the day of fast tush around in the media and all at, quick response from romney about her comments. listen to this. uncertainty is probably the one thing, a heck of a problem. is my company going to be here? it is tough. things have to change. have to change. >>dave: that ad in response to comments early this week, from the senior advisor to president obama who said people will not vote based on the unemployment rate and jobs numbers but based on their situation. well, their situation is the unemployment rate. it is the jobs numbers. that is their reality. so,
this theater for however long it's been now really pumps it up. i never thought there was going to be a big deficit or debt reduction deal between the two parties because it's not in the interest of either party. i think the republicans were tactically terrible because they allowed obama to sort of portray himself or present himself as the one who is above the fray and who is interested in making the most cuts to the budget and to the debt going forward. and then making it appear, not appear but it's true, the republicans are walking away from a real deal to cut spending in this country. also, it gave obama and the democrats a chance to spotlight the republicans position on taxes. there's no way to get a handle on budget deficits over the long term debt without raising somebody's taxes. >> if this is raising the white flag, if this is going against the base, what is the difference between this and cutting a deal on tax loopholes and other things that would not impact their message overall. what makes this better? >> this is horrible. >> it's stupid. >> it's a nightmare. it's cynical. the se
at the white house. president obama making the case for a big deal on the debt ceiling. meeting with congressional leaders and calling for more talks on monday with a presidential news conference ahead of it. >>> meanwhile, as you can see from live pictures from new york, that debt clock just keeps on ticking. also inflammatory words put on paper in the form of a pledge about slavery, black children, and president obama has two presidential contenders backtracking tonight. what exactly did they mean? >>> and the british invasion. william and kate's whirlwind trip through california. cnn traveled with the royals. one stop included l.a.'s skid row and -- >> as far as i'm concerned betty ford saved my life. i went to betty ford in the end of 19 5 for cocaine addiction, and i was one of the lucky ones. >> the first lady who helped save the lives of some of the most famous people in the world by turning her struggle into triumph. tonight we remember betty ford the outspoken first lady who changed the way we all view addiction and recovery. >>> good evening. i'm don lemon. that debt c
. big deal. you're delicious. so what. i've got news for you. there's no such thing... ...as a bear sheriff. you think i'm afraid of you? hey what? you don't have to be mean to the ke. i do. you don't. i do. just eat yoplait light. they have great flavors like... boston cream pie, raspberry cheesecake. even though i work here, i've lost weight. wow. yeah. carry on. (announcer) 28 delicious flavors at around 100 calories each. york. >> seems like an appropriate time to talk about your tuesday forecast as we sweat it out here. another scorcher from texas to connecticut. several storms from montana to northern new england. rainy in albuquerque and salt lake city. cooler and damp in the pacific northwest, which sounds heavenly. scattered thunderstorms across the gulf coast. >> it really is the humidity, isn't it. 90s from new orleans to boston. 85 in chicago. 79 in the twin cities. and 93 in kansas city. upper 70s in sacramento. 71 in portland. and 87 degrees in billings. >> of course it is the summer. all right. >>> the forecast for phoenix called for baseball-sized baseballs. major le
our fiscal house in order, they say, and they want big spending cuts in exchange for raising the debt ceiling. i will say, though, house republican leaders, they seem to at least be publicly more open to the idea. john boehner, the house speaker, even saying yesterday that he thinks mitch mcconnell has done very good work. we've also heard from some democrats, suzanne, that they seem to be open to the idea as well. one important point to make. while this doesn't require spending cuts, this mcconnell plan does have a catch. it would force very politically tough votes ahead of the 2012 election that republicans opposed to the debt ceiling could be on the record opposing, and also it's designed to then put the full responsibility of raising this debt ceiling of this new debt right in the lap of the president. there is some planning there. >> kate, how much do you understand what's going on here? obviously you've got the president, you have democrats, you have republicans, but republicans are even divided amongst themselves in this debate and it seems like there is a rift now between john
. and they feel that the democrats have an ideological commitment to big government. what they would like to see is the government sweated down. that's the point they've been trying to make. there are honest differences and people have a very different view of what kind of society we ought to live in. >> but at a certain point, david, when there was a big deal on the table and if as you say the president could have brought nancy pelosi along -- i agree with you i think he could have -- the republicans would have gotten a great deficit reduction deal if they hadn't committed to the no tax pledge, right? >> but gloria, asking any party to commit to $1 trillion of tax increases is an awful big deal for a party that all along stood for lower taxes. and when they also feel a lot of these cuts are going to turn out to be illusory. their experience in the past they sign onto the bargains and they feel the democrats eventually end up getting what they wanted and what they wanted never materializes. >> there's a big difference between that and nothing. >> i agree. [ overlapping speakers ] >> so david, wh
's why. big area of high pressure. there's a big strong upper ridge. this is just a heat pump that will continue. and the bad news is, this goes into at least thursday. in fact, jet stream guns up a little further into canada so that heat will be creeping up north as the ridge intensifies. we don't see this breaking down at least until the weekend. so the mid section of the country is going to continue to bake the northeast gets a little bit of a break as we head on into the next 72 hours. ann? >> all right, al, thank you so much. we'll get the rest of your forecast in a bit. >>> for now, to britain's deepening phone hacking scandal. this morning there are claims that journalists from other rupert murdoch's other papers were involve and the alleged target is former p.m. gordon brown. stephanie goss is in london with this. stephanie, good morning. >> good morning, ann. gordon brown does not mince his words when he spoke to the bbc this morning about rupert murdoch's papers me said those papers used people to gather information on known criminals. the allegations appearing in th
on main street. >> reporter: to go big or not to go big? that is the question when it comes to raising the nation's debt limit. and after another meeting at the white house, the president and congress appear no closer to a deal. if the president and congress fail t tagree to raise the nation's debt limit, the forecasts sound almost apocalyptic. >> stock prices are going to fall, bond prices are going to fall, you're going to notice on when you logon to your 401(k). >> reporter: already family businesses like the feinbergs' bathroom fixtures company in ft. lauderdale, florida, have taken down the help wanted sign, waiting to hear if the u.s. government becomes a deadbeat. >> we want to hire employees. we want to grow our business. we want to spend money doing advertising. so it's just difficult. >> reporter: a new u.s. chamber of commerce survey says two-thirds of america's small businesses have no plans to hire in the coming year. >> everyone's scared. no one's going to make a move. >> reporter: yet after another white house meeting, it was another day without an agreement to extend th
that tonight's discussion was not tense, that president obama continued to push for a very big deal, well that did not happen. and now here's the headline, there are no talks scheduled for tomorrow. the president and congressional leaders convened for a fifth time in as many days, but still no deal to raise the debt limit. the treasury secretary has warned the nation will default on its loans if an agreement isn't reached by august 2. >> we have looked at all available options and we have no way to give the congress more time to solve this problem. >> reporter: the president continuing to call for action. >> what's required here in washington is that politicians understand now is not the time to play games, now is not the time to posture, now is the time to do what's right by the country. >> reporter: this after tense talks on wednesday, at one point the president said enough is enough to house majority leader eric cantor for his refusal to give in on tax hikes. cantor says mr. obama stormed out of the meeting which democratic sources deny. >> there's really only one person who has not ma
them and this one will leave a big bite mark. >> is that a valid excuse? that maybe some staffer read it? >> i find that mind-boggling. such a statement would scream out to you as just incredibly wrong. that you cannot -- if you are a first-year student in high school and you read that statement, that's fwot to send up some alarms to you that says -- wait a minute. we can't sign this sort of thing. and particularly, not so much probably in the republican primary. if she does get into the general election, this sort of thing with independent voters just kills you dead. it's a nonstarter because it's such a fringe sort of way of thinking of things. >> it's also interesting that -- >> i would say that's probably why they didn't look at it. because i agree with you. had i read this and any of the republicans i talked to, they would say -- what the heck is this? i just think someone wasn't paying attention when they were doing their job. >> even in the explanation this group has put out, where retracted it, they did the classic -- this can be -- i'm sorry if you misconstrued this. they're
we all know the country needs which is the big deal. $4 trillion of deficit reduction to get our debt going down to put america on a stronger fiscal foundation going forward. that's really what's required. i believe it's still achievable. but we've got to change a little bit about how we talk about these things on both sides. >> you said at this point you think the president is right to threat tn veto. what if it's august 1st at midnight and approaching august 2nd, the markets are clamoring, would you still say that a short-term extension and continued talks are not the best option? >> you're a very good reporter. you pick up on nuance, don't you? >> we try. >> i don't want to bargain against my position. so i think it's critically important that the president continue to push for what we all know the country really needs. it's incumbent on both sides, on both sides to come together and do what's right for america. >> chairman conrad thank you very much. good to see you. >> good to see you. >> the big question looming over all of this and the debt talks is what will happen if a deal i
but viewers still love it even to this day. the reruns are a big hit. decades later on cable tv. >> a classic moment. >> i hate to laugh at that but it really was. marcia, marcia, marcia! >> these shows did illuminate these struggles teenagers had, albeit in this semi-perfect way. sherwood schwartz died yesterday of intestinal infection, he was 94 years old. >> what a career. he definitely gave a lot of us a lot of joy watching those shows. i think a lot of people consider florence henderson to be america's mom, mrs. brady. >> the characters wind gilligan's island, we talked about how it was a social microcosm, looking at how people of different backgrounds had to get together to figure things out. i would consider myself the professor. >> you would be the perfect professor. >> i think you'd be ginger. >> are you a ginger or a marianne? everybody knows what that vernacular means. >>> take a look at your forecast here now. heat advisories from texas and across much of the southeast. thunderstorms in new orleans, montgomery, and miami. hail and 80 mill an hour winds from kentucky to colorado. h
. >> reporter: another big-time merit is the entertaining aspect of this high-tech interactive toy that read can read, teach and sing in multi languages. >> translator: i like it because it teaches words in english which i cannot do. >> reporter: programs are downloadable by just touching the screen, no synchronizing involved. plenty of high-tech toys are out in the market. the huge breakthrough is that this is a connected communicating device, all possible here in south korea since 98% of homes have broadband access, making it the world's most wired country. abc news, seoul. >> south korea, very much on the cutting edge of technology. no, not cheap. >> no. it's going to cost you about 447 bucks if you're interested in getting one of those. >> if you do get one you can go to the website and get 300 children's songs, fairy tales and animation. whatever works in some cases to connect with your children. >> it's very much high-tnenenene >>> this morning on "world news now," plan "b." a top republican comes up with a new option to o address the federal debt crisis. >> it is a sign that both parties
alone there's been a 67% spike in companies embracing the cloud-- big clouds, small ones, public, private, even hybrid. your data and apps must move easily and securely to reach many clouds, not just one. that's why the network that connects, protects, and lets your data move fearlessly through the clouds means more than ever. michele bachmann signed a pledge that takes away certain rights. how many other republican presidential hopefuls will sign the pledge? i talk to dana mill bank from the washington post. scotland yard makes another arrest as the news of the world reaches its final edition. ♪ ♪ hey, dad, you think i could drive? i'll tell you what -- when we stop to fill it up. ♪ ♪ [ son ] you realize, it's gotta run out sometime. [ male announcer ] jetta tdi clean diesel. the turbo that gets 42 miles per gallon. ♪ it's schwab at your fingertips wherever, whenever you want. one log in lets you monitor all of your balances and transfer between accounts, so your money can move as fast as you do. check out your portfolio, track the market with live updates. and execute
now for sports. a big win for the national league at the all-star game. highlights now from espn news. >>> good morning. i'm don bell with your espn news update. it's the 82nd mlb all-star game from phoenix, arizona. brian wilson saying hello to the people at home. bottom of the second we go, no score. brian mccann facing david robertson. fly ball to right. jose bautista giving chase, sliding and he makes a beaututul grab. joey bat showing that he's also got glove. he broke the all-time record for votes received by the way for this contest. top of the fourth we go, no score. adrian gonzalez facing cliff lee. advantage, gonzo. he was a home run derby finalist and he gets that one to go. the a.l. takes a 1-0 lead. bottom of the fourth we go, same score. prince fielder from the milwaukee brewers, the left-handed stroke going opposite field, left center field. a three-run homemeun. the nationals -- the national league rather take a 3-1 lead. bruce bochy brings in the beard because things are a littltle dicey. there he is, brian wilson gets paul konerko to ground out to end the game. natio
Search Results 0 to 30 of about 31 (some duplicates have been removed)